Illinois House Republicans will host a town hall meeting April 27 to discuss Gov. J.B. Pritzker’s plan to replace the state’s constitutionally mandated flat income tax with a graduated income tax.
The meeting will be from 11 a.m. to 12:30 p.m. at Lake in the Hills Village Hall, 600 Harvest Gate.
State Reps. Steve Reick of Woodstock, Dan Ugaste of Geneva, Tom Weber of Lake Villa and Allen Skillicorn of East Dundee are expected to attend.
Under Illinois’ current flat tax system, all residents are taxed at 4.95%. But under the tax brackets of Pritzker’s graduated income tax plan, rates would range from 4.75% for those making $10,000 or less a year to 7.95% for those making more than $1 million a year.
Weber said in the news release that the current structure of the state Constitution acts as a safeguard against large income tax increases.
“Although the graduated income tax is being sold as only affecting the wealthy, the legislation being proposed to change the constitution offers no protection for middle-class families and small business,” Weber said. “That’s very worrying. If recent history is any indication, making it easier for Springfield to increase taxes on a whim is not a good idea.”
Skillicorn said in the release that the tax increases in 2011 and 2017 have not delivered on promises made from the Legislature’s majority party that they would address Illinois’ financial problems.
“In spite of the tax hikes, our debt is higher than ever,” Skillicorn said. “Rather than taking steps to control spending and grow our economy, Illinois Democrats just want to keep raising taxes on Illinois families.”